Eduardo Vivas - 05 Jul 2024 Form 4 Insider Report for AppLovin Corp (APP)

Role
Director
Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Issuer symbol
APP
Transactions as of
05 Jul 2024
Transactions value $
-$11,123,901
Form type
4
Filing time
09 Jul 2024, 18:01:39 UTC
Previous filing
20 Jun 2024
Next filing
17 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Sale -$7.95M -87.8K -1.13% $90.54 7.67M 05 Jul 2024 Direct F1, F2, F3
transaction APP Class A Common Stock Sale -$2.84M -31.1K -0.41% $91.33 7.64M 05 Jul 2024 Direct F1, F3, F4
transaction APP Class A Common Stock Sale -$136K -1.5K -1.14% $90.53 130K 05 Jul 2024 See footnote F1, F2, F5
transaction APP Class A Common Stock Sale -$47.8K -523 -0.4% $91.37 130K 05 Jul 2024 See footnote F1, F4, F5
transaction APP Class A Common Stock Sale -$116K -1.29K -1.12% $90.55 113K 05 Jul 2024 See Footnote F1, F2, F6
transaction APP Class A Common Stock Sale -$40K -438 -0.39% $91.31 113K 05 Jul 2024 See Footnote F1, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2024.
F2 The sales were executed in multiple trades at prices ranging from $90.00 to $90.995. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F3 Certain of these securities are represented by RSUs.
F4 The sales were executed in multiple trades at prices ranging from $91.00 to $91.825. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F5 Shares are held by Vivas Family Trust U/A/D 10/26/2020 for the benefit of members of Reporting Person's immediate family. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6 Shares are held by Arutyunyan Family Trust U/A/D 12/1/20 for the benefit of members of Reporting Person's immediate family. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.